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Sennna

USD/CAD: Risk is to the downside

U.S. Dollar / Canadian Dollar (FX:USDCAD)  
Sennna  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Triangle Wedge Moving Averages USDCAD
11
1
triangle wedgepattern movingaverage usdcad
USD/CAD has left the mini wedge, after the pair also broke below the multi-year triangle. In addition, the USD/CAD is also trading below 100-WMA and 200-WMA. If the price continue lower, the October 2018 low of $1.2780 is the
next target, while the 61.8% Fibonacci retracement sits at $1.2670.
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